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Private Security Agencies are those agencies that provide security services including training of security guards. According to PSARA Act[1], all Private security agencies are required to appoint supervisors to supervise the work of security guards. The agencies should provide the necessary training and skills to the supervisors. While engaging a supervisor, a person from the […]
PSARA License is necessarily required before any person starts a private security business in India. The Private Security Agency means an entity that involves in the business of providing Security Guards and other related services as an alternative to the police. The operation of the private security agencies are governed by the Private Security Agencies […]
The company/distributor/independent agent to be an authorized Indian Agent for dealing with local/foreign drugs and cosmetics must have a manufacturing license from the Central Drugs Standard Control Organisations (CDSCO). The application for the manufacturing drug License of medical devices in India is made according to Rule 27 to the State Drug Licensing Authority, CDSCO Zonal/Sub-zonal […]
Licensing is mandatory to do business in Drugs & Cosmetics in India. The company/distributor/independent agent to be an authorized Indian Agent for a local/foreign wholesale business obtains a license from the Central Drugs Standard Control Organisations (CDSCO). They must hold a valid wholesale drug license by applying in Form 20B and Form 21B. The wholesale […]
Drugs are different from other commodities due to which the government has laid down stringent law. The drug license is provided to the pharmacy business to regulate and govern the manufacturing and selling of drugs. Drug license is basically a permission granted by the competent authority under Drugs and Cosmetic Act, 1940 to carry out […]
Private Security Agencies are those who are involved in providing security services, and it also includes training of Security Guards. The company or an individual cannot commence a business or provide security services without having a valid license. It is necessary to obtain a license from the concerned State Authority. Even if PSARA is centrally […]
The patent is a legally certified document provides by the government to the person who has made any new invention or modified any old inventions. Patents are awarding of exclusive rights which encourages the inventor for his inventions. However, without the authorization of an inventor if anyone uses his patentable rights, then it will patent […]
Ministry of Corporate Affairs has extended the last date of filing form AOC- 4 till 31st March 2020. The MCA (Ministry of Corporate Affairs) has issued a notification to all Registrar of companies, Regional Directors and Stakeholders regarding the extended date of filing of AOC-4 CFS NBFC (Ind AS) and AOC-4 NBFC (Ind AS) and […]
There are two very new concepts in the changing scenario of corporate law in India. The first is OPC which stands for One Person Company, and other is LLP which stands for Limited Liability Partnership. The concept of LLP is a modern form of Partnership firm with the advanced features of the company. The Limited Liability Partnership is governed […]
The copyright is a legally certified document provided to people of the different fields of literature, drama, artistic and musical work, etc. for acknowledging their intellectual input. The main aim of copyright is to give exclusive rights or to authorize others to perform various acts in respect of the work. However, if anyone without authorization […]
The new union budget 2020-21 is presented by our Finance Minister Nirmala Sitharaman today. The FM has shown a picture of vibrant India. She has mentioned welfare schemes, sanitation, and water facilities, health care Ayushman Bharat, solar energy use, financial development. Before moving forward she has mentioned the benefits of GST. Her key focus is […]
The Companies (Winding-Up) Rules 2020 shall come into effect from the 1st April 2020. The Ministry of Corporate Affairs (MCA) has notified the new rules regarding the winding up of companies and these rules applicable under Companies Act 2013. The new rules will reduce the burden of the National Company Law Tribunals (NCLTs) by enabling […]
The Limited Liability Partnership (LLP) and Private Limited Company are two different concepts covered under the corporate law of India. The Limited Liability Partnership Act 2008[1], defined limited liability partnership as a corporate or incorporate body formed under this act. LLP has its separate legal entity from its partners and has perpetual succession. The changes […]
The copyright is a certification provided to people of the different field for acknowledging their intellectual input. The main aim of copyright is to give exclusive rights or to authorize others to perform various acts in respect of the work. This recognition of rights protects the interest of the creator. Section 13 of the Copyright […]